Warren Buffett: Interest rates are the "gravity" of stock prices.
In a low-interest-rate environment, stock prices are inevitably going to rise.
Stocks are essentially similar to bonds with multiple coupons (future cash flows), except that the numbers on them have not been printed yet, and it is the investors' task to predict the exact values of these coupons.
Original article: toutiao.com/article/1853642752879616/
Statement: This article represents the views of the author himself.